Average Rent in 77040, Houston, TX

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Current Versus Historical 77040, Houston, TX Rents

77040 rentals average $1,600 for a studio rental to $2,400 for a 4-bedroom rental. The median price of all currently available listings is $1,395, or roughly $16 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $7,400 (-82.22%) year-over-year from $9,000 to $1,600. 1-bedroom rentals prices have decreased by $329 (-22.72%) year-over-year from $1,449 to $1,120. 2-bedroom rentals prices have decreased by $210 (-14.60%) year-over-year from $1,439 to $1,229. 3-bedroom rentals prices have decreased by $110 (-5.74%) year-over-year from $1,910 to $1,800. 4-bedroom rentals prices have decreased by $19 (-0.78%) year-over-year from $2,467 to $2,448. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 14.29% this month. 1-bedroom rents have gone down by 3.68% this month. 2-bedroom rents have gone down by 6.72% this month. 3-bedroom rents have gone down by 2.52% this month. 4-bedroom rents have gone up by 8.02% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$42.67	$1,600	$9,000 (-82.22%)	$745 (114.85%)
1 BR	$17.87	$1,120	$1,449 (-22.72%)	$1,222 (-8.35%)
2 BR	$14.91	$1,229	$1,439 (-14.60%)	$1,286 (-4.41%)
3 BR	$14.47	$1,800	$1,910 (-5.74%)	$1,799 (0.04%)
4+ BR	$11.99	$2,448	$2,467 (-0.78%)	$2,315 (5.72%)

Historical Rents in 77040, Houston, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 77040

There are a total of 34 cities nearby 77040. The average rent in 77040 is currently $1,900 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Huntsville, TX, with an average rent of $1,009, is the most affordable city nearby. In contrast, the most expensive city near 77040, Houston, TX is Fulshear, TX. Monthly rents here are on average $3,000 per month.

Let's compare 77040, Houston, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 77040, Houston, TX is 44.08% more expensive than other cities nearby. One bedrooms are about 2.03% more affordable. Two bedrooms in 77040, Houston, TX are about 15.44% more affordable. Finally, rent for three bedrooms are about 11.08% more affordable. Want more information? Check out the top 10 cities out of 34 total cities near 77040, Houston, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Humble, TX	$845	$994	$1,239	$1,224
Tomball, TX	$2,000	$1,123	$1,262	$1,595
Houston, TX	$1,351	$1,200	$1,500	$1,750
Stafford, TX	$1,363	$1,189	$1,475	$1,783
Mission Bend, TX	N/A	$1,353	$1,450	$1,900
Spring, TX	$2,100	$1,131	$1,325	$1,950
Atascocita, TX	$1,405	$1,281	$1,600	$2,100
Sugar Land, TX	N/A	$1,508	$1,695	$2,203
Katy, TX	$3,000	$1,349	$1,458	$2,300
The Woodlands, TX	$4,750	$1,529	$2,050	$2,830

Top Neighborhoods Near 77040

There are a total of 79 neighborhoods in or near 77040. Some of these neighborhoods include Fairbanks - Northwest Crossing, Sharpstown, and Woodlake - Briar Meadow. We've included the top 30 neighborhoods out of 79 total neighborhoods in or near 77040, Houston, TX in the following table.

The average rent for these 30 neighborhoods in or near 77040, Houston, TX is currently around $1,800 per month. A total of 19 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $1,800. Interestingly, the neighborhoods' average rent is higher than 77040's average rent, which is only $1,395. Out of all the neighborhoods in or near 77040, Westwood has the most affordable average rent at $970 per month. Whereas, at $3,950 average rent per month, Creekside Park is the most expensive neighborhood in or near 77040. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Fairbanks - Northwest Crossing, Houston, TX	N/A	$1,120	$1,225	$1,225
Sharpstown, Houston, TX	N/A	$900	$1,250	$1,250
Woodlake - Briar Meadow, Houston, TX	$889	$1,042	$1,375	$1,300
Greater Fondren Southwest, Houston, TX	$916	$890	$1,107	$1,300
Northside - Northline, Houston, TX	$1,775	$1,005	$1,195	$1,395
Greater Inwood, Houston, TX	$745	$860	$1,070	$1,400
Astrodome, Houston, TX	$1,198	$1,075	$1,500	$1,400
Eldridge - West Oaks, Houston, TX	$1,149	$1,061	$1,249	$1,444
Alief, Houston, TX	$779	$929	$1,250	$1,450
Braeswood Place, Houston, TX	$745	$1,115	$1,480	$1,580
Briarforest, Houston, TX	$995	$1,150	$1,498	$1,800
Central Southwest, Houston, TX	$1,300	$1,322	$1,792	$1,800
Spring Branch West, Houston, TX	N/A	$1,506	$1,710	$1,817
Greenway - Upper Kirby, Houston, TX	$1,442	$1,413	$2,110	$1,823
Midtown, Houston, TX	$1,390	$1,578	$2,073	$1,842
Memorial, Houston, TX	$1,461	$1,550	$1,801	$1,889
OST - South Union, Houston, TX	$2,200	$1,118	$1,150	$1,895
Great Uptown, Houston, TX	$1,544	$1,376	$1,900	$1,895
Neartown - Montrose, Houston, TX	$1,250	$1,395	$2,300	$1,933
Spring Branch Central, Houston, TX	$805	$978	$1,277	$1,980
Greater Fifth Ward, Houston, TX	$1,999	$1,075	$1,225	$2,000
Independence Heights, Houston, TX	N/A	$1,185	$1,448	$2,100
Spring Branch East, Houston, TX	$895	$1,050	$1,590	$2,125
Northside Village, Houston, TX	$1,730	$1,195	$1,750	$2,125
Acres Home, Houston, TX	$1,500	$1,465	$1,674	$2,150
Greater Heights, Houston, TX	$1,467	$1,295	$2,200	$2,150
Oak Forest - Garden Oaks, Houston, TX	$2,020	$1,200	$1,400	$2,200
Washington Avenue - Memorial Park, Houston, TX	$1,520	$1,640	$2,350	$2,452
Grogan's Mill, The Woodlands, TX	$1,233	$1,830	$1,980	$2,575
Downtown Houston, Houston, TX	$1,600	$2,259	$3,099	$2,600

Top Counties Near 77040

There are a total of 30 counties located by 77040, Houston, TX. Some of these counties include Pasadena, TX, Houston, TX, and Northeast Harris, TX. The average rent for rentals in these counties is $1,875. That's roughly around $15 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Huntsville, TX. Its average rent per month is $1,050. Vice versa, with an average rent of $2,500, Fulshear-Simonton, TX is the most expensive county by 77040, Houston, TX.

Typically, rent for studios in 77040, Houston, TX is 18.39% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 77040, Houston, TX is 2.01% more expensive than other counties nearby. Finally, rent for two bedrooms in 77040, Houston, TX is 9.36% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Pasadena, TX	$860	$955	$1,180	$1,500
Houston, TX	$1,374	$1,200	$1,500	$1,800
Northeast Harris, TX	$5,000	$1,025	$1,263	$1,900
Northwest Harris, TX	$975	$1,090	$1,430	$2,000
Magnolia, TX	$7,750	$1,109	$1,650	$2,000
Southeast Montgomery, TX	$1,517	$1,165	$1,495	$2,057
Stafford-Missouri City, TX	$1,099	$1,124	$1,448	$2,200
Sugar Land, TX	$1,127	$1,244	$1,665	$2,275
Brookshire, TX	$1,500	$1,449	$1,895	$2,400
Fulshear-Simonton, TX	$2,950	$1,266	$1,920	$2,500

Top Zipcodes Near 77040

There are a total of 50 zipcodes in or near 77040, Houston, TX. The average rent for all of these zipcodes is $1,950. A total of 4 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 77036, Houston, TX at $1,110 per month. In comparison, the zipcode with the most expensive average rent of $2,730 per month is 77380, The Woodlands, TX.

Studios in these zipcodes have an average rent of $1,242. That's at least $23 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 77040, Houston, TX is $1,181 per month. Or in other words, $20 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,551 per month. Which comes out to $17 per sqft. The following table includes the top 10 zipcodes in 77040, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
77449, Houston, TX	$650	$1,320	$1,675	$1,975
77007, Houston, TX	$1,516	$1,644	$2,350	$2,419
77057, Houston, TX	$889	$1,175	$1,700	$1,515
77084, Houston, TX	$1,065	$1,220	$1,545	$1,875
77091, Houston, TX	$1,500	$1,005	$1,165	$2,099
77088, Houston, TX	$1,500	$975	$1,166	$1,800
77493, Northwest Harris, TX	$2,600	$1,411	$1,723	$2,350
77008, Houston, TX	$1,518	$1,415	$2,222	$2,682
77080, Houston, TX	$805	$1,006	$1,377	$2,100
77009, Houston, TX	$1,734	$1,199	$1,871	$1,883

Frequently Asked Questions - 77040 Average Rents

What is the average rent price in 77040, Houston, TX?

The average monthly rental price for 77040, Houston, TX apartments for rent is approximately $1,395. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 77040, Houston, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 77040, Houston, TX.

How much is a studio apartment in 77040, Houston, TX?

The average monthly rental price for studio apartments is $1,600 and an average price per square feet of $42.67. There are a total of 1 studio apartment listings currently available for rent in 77040.

How much is a one bedroom apartment in 77040, Houston, TX?

The average monthly rental price for one bedroom apartments is $1,120 and an average price per square feet of $17.87. There are a total of 42 one bedroom apartment listings currently available for rent in 77040.

How much is a two bedroom apartment in 77040, Houston, TX?

The average monthly rental price for two bedroom apartments is $1,229 and an average price per square feet of $14.91. There are a total of 47 two bedroom apartment listings currently available for rent in 77040.

How have rent prices in 77040, Houston, TX changed this year?

Rent prices for rentals in 77040, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.82%, one bedroom rental prices have changed by -0.23%, two bedroom rental prices have changed by -0.15%, three bedroom rental prices have changed by -0.06% year-over-year.

What is a reasonable rent price in 77040, Houston, TX?

A reasonable rent price in 77040, Houston, TX is around $1,116/month. You can search for these reasonably priced rental listings on RentHop.